Co-living could be answer to GTA housing crunch

Co-living could be answer to GTA housing crunch

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Co-living could be answer to GTA housing crunch

Toronto Star

The watchwords for the GTA real estate markets in 2017 will be adaptation and innovation, as residents, the building industry and governments alike face the challenges of ceaseless demand, limited supply and record-high house pricing.

Housing affordability has never been a more critical concern.

In 2016, the average house in the GTA made more money than the average household, with detached home prices breaking the $1 million mark and ending last year at $1,016,145 — a mind-boggling 23.1 per cent spike year-over-year, according to the Toronto Real Estate Board.

https://www.thestar.com/life/homes/2017/01/28/co-living-could-be-answer-to-gta-housing-crunch.html


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